Secondary placing

We would like to thank IK Partners for this opportunity and extend our congratulations to Etemad Group AB and its owner, Alireza Etemad, Chairperson of Netel Group, who are further reinforcing their commitment to the company through this transaction.

Netel Holding AB (publ), listed on Nasdaq Stockholm Small Cap, is a leading infrastructure specialist with over 25 years of experience in developing and maintaining critical infrastructure. IK Partners has been majority owner since 2016.